Author Archives: Paul Ausick

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Caterpillar Is DJIA’s Best Performing Stock, Up 22%

The Dow Jones Industrial Average topped 18,000 in mid-April and closed Friday at 18,395.40, up 5.57% for the year to date. The best performing stock among the Dow 30 has ...
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Disney

Disney Is DJIA’s Worst Performing Stock, Down More Than 9%

This year has not been kind to Walt Disney Co. (NYSE: DIS). The Mouse House's stock price has dropped 9.39% as of Friday's closing bell and is one of just ...
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blood test

FDA Recommends Zika Test for All Blood Donations

The U.S. Food and Drug Administration (FDA) on Friday issued a recommendation for universal testing of donated whole blood and blood components for the Zika virus in the United States ...
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fracking

Rig Count Steady, Hedge Funds Dump Short Contracts on 63 Million Barrels

In the week ended August 26, the number of rigs drilling for oil in the United States totaled 406, unchanged compared with the prior week, and down from a total ...
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cannabis plants

Marijuana Price Ticks Up to $1,689

For the week ended Friday, August 26, the spot price index for a pound of cannabis increased 0.2% from $1,685 in the prior week to $1,689. According to the analysts ...
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Sold Home For Sale Real Estate Sign and House

20 Hottest US Real Estate Markets in August

The month of August is typically a good one for home sellers and buyers, and this August has been no exception. In fact, sales are better than they've been in ...
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Stock Price

Noble Corp., Express Stay in 52-Week Low Club Again Friday

August 26, 2016: Here are four stocks trading with relatively heavy volume among 23 equities making new 52-week lows in Friday's session. NYSE decliners led advancers by nearly 2 to ...
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market crash

Verizon, McDonald’s Weigh on DJIA Friday

August 26, 2016: Markets opened higher Thursday and went higher following Fed Chairwoman Janet Yellen's speech in Jackson Hole. The Fed chief intimated that sentiment for another increase in the ...
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green energy

TerraForm Consent Offer Has Longest Sentence We’ve Seen in Some Time

According to the Guinness Book of World Records, the longest grammatically correct sentence in world literature rings in at 1,288 words, from Nobel Prize-winning American writer William Faulkner's novel "Absalom! ...
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Cloud Icon

Did Rackspace Shareholders Get Enough From the Apollo Buyout?

Rackspace Hosting Inc. (NYSE: RAX) said Friday morning that it has agreed to be acquired for $32 a share in cash by affiliates of private equity firm Apollo Global Management ...
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ThinkstockPhotos-487679182

Netflix Finishes First in Streaming Survey

In the first quarter of this year, half of all U.S. households had a paid subscription to a video streaming service. That is the same percentage as the number of ...
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millennial at work

Why the Gig Economy Is Not as Cool as as People Think

Two-thirds of Americans who have worked as independent contractors in what is known as the "gig economy" would not choose to do so again. Less than half were satisfied with ...
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Profit or Loss

Big Lots Earnings Defy Downturn in Discount Stores’ Performance

Big Lots Inc. (NYSE: BIG) reported second-quarter 2016 results before markets opened Friday. The discount retailer reported adjusted diluted earnings per share (EPS) of $0.52 and $1.2 billion in revenues. ...
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Stock Price

Express, Noble Corp. Lead Thursday’s 52-Week Low Club

August 25, 2016: Here are four stocks trading with relatively heavy volume among 28 equities making new 52-week lows in Thursday's session. NYSE advancers led decliners by a few percentage ...
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stock market

DJIA Dragged Lower by UnitedHealth, Nike on Thursday

August 25, 2016: Markets opened lower again Thursday but traded higher for most of the day until the before dipping below the break-even line by early afternoon. Healthcare and energy ...
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